4697 Ny-31, Clay, NY 13041
Exceptional investment opportunity awaits with this 14.33-acre parcel situated on a highly sought-after section of Route 31 in Clay, New York. This partially wooded lot boasts approximately 400 feet of frontage on a busy roadway, providing excellent visibility and accessibility. Its strategic location offers unparalleled convenience, being just one mile from the Micron Technology site – the largest leading-edge memory manufacturing facility in the United States and the largest private investment in New York State history. The property benefits from its proximity to major highways 481 and 81, ensuring seamless connectivity to the broader regional network. The area is experiencing significant growth and development, making this a particularly attractive investment prospect. Utilities including water, gas, and electricity are readily available at the roadside. This presents a unique chance to capitalize on the economic boom in the region. The asking price of $850,000 reflects the exceptional value and potential of this land. Buyers are encouraged to work with the Town of Clay for building approvals and to realize their vision for this remarkable property. This is a rare opportunity to own a substantial piece of land in a rapidly developing area with significant future potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.